On 9 June 2022, Mr. AHM Mustafa Kamal, the Finance Minister of Bangladesh presented the national budget for fiscal year (FY) 2022-2023 in the parliament.
The budget set the target for total revenue earnings for the fiscal year 2022-2023 has been estimated at Tk. 4,33,000 crore. Of this, NBR will collect Tk. 3,70,000 crore and another Tk. 63,000 crore will be collected from other sources.
Related Posts
Bangladesh tax authority, National Board of Revenue (NBR), announced in a circular on 17 November 2024 that it has extended the income tax return filing deadline for individual taxpayers by one month for the financial year 2023-24 (assessment year
Read More
Bangladesh’s central bank, Bangladesh Bank, has announced in Circular No.9 dated 13 November 2024, that it has reduced the fees associated with income tax payments made via internet banking, debits or credit cards, and mobile financial services
Read More The National Board of Revenue (NBR) issued a notification outlining amendments to the capital gains tax provisions under the Income Tax Act 2023 (ITA 12), lowering the rate to 15% for gains above BDT 5 million, on 4 November 2024 Capital gains
Read More Bangladesh tax authority National Board of Revenue (NBR) announced that it will conduct its first transfer pricing audit of multinational companies (MNCs) operating in the country. Bangladesh first introduced transfer pricing provisions in the
Read More The National Board of Revenue (NBR) in Bangladesh is planning to phase out its non-refundable minimum tax system according to local sources, a move aimed at aligning with global tax standards and encouraging investor confidence. The NBR plans to
Read More Representatives from Bangladesh and Uganda met to discuss bilateral cooperation and the need for an income tax treaty on Thursday, 17 October 2024. Joyce Kakuramatsi Kikafunda, the Non-Resident High Commissioner of Uganda to Bangladesh, made a
Read More
